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Generic business image for news article Image: Clearstream

03 July 2023
Germany, Luxembourg
Reporter Jamie Richards

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Clearstream Banking AG appoints Eckermann as CEO

Clearstream Banking AG has appointed Stephanie Eckermann as CEO following the departure of Berthold Kracke.

Eckermann will now lead the strategy of Clearstream Banking AG while remaining responsible for strategy, finance and compliance across Clearstream in its entirety.

She has been a member of the executive board at Clearstream Holding AG since September 2020 and remains a board member at the Institutional Shareholder Services.

Eckermann was most recently head of strategy and controls, pre- and post-trading at Deutsche Börse. Previously, she was a partner at McKinsey & Company during her nearly two-decade tenure with the firm.

Eckermann takes on the role from former CEO Kracke who served in the position for eight years of his 25-year-long career at Clearstream. Kracke retains his seat on Clearstream Holding AG’s executive board, which he joined 8 years ago.

Udo Henkelmann joins Eckermann and Kracke on the executive board and as chief risk and control officer.

Based in Frankfurt, Henkelmann has led the company’s control function since joining as chief representative in January 2023. Control functions involve compliance, risk management, information security, control assurance and monitoring, and outsourcing and contract management.

Henkelmann previously worked as group money laundering reporting officer and group chief compliance officer at Deutsche Börse.

Commenting on her new role via Linkedin Eckermann says: “I am honoured to have been appointed CEO of Clearstream Banking AG. Kracke will still be on the board of Clearstream Holding AG and continue to focus on leading Clearstream Global Operations as his primary task.”

Eckermann added: “I want to thank all of my Clearstream senior management colleagues for their support and I look forward to working in this role together with you.”

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